World Investment Advisors Has $7.26 Million Holdings in iShares Global Tech ETF $IXN

World Investment Advisors lessened its stake in shares of iShares Global Tech ETF (NYSEARCA:IXN) by 15.5% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 72,626 shares of the company’s stock after selling 13,353 shares during the period. World Investment Advisors’ holdings in iShares Global Tech ETF were worth $7,260,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of IXN. Fisher Asset Management LLC grew its position in iShares Global Tech ETF by 1.9% in the fourth quarter. Fisher Asset Management LLC now owns 3,053,228 shares of the company’s stock valued at $320,589,000 after acquiring an additional 57,560 shares during the period. Bank of America Corp DE raised its stake in iShares Global Tech ETF by 0.8% during the third quarter. Bank of America Corp DE now owns 2,418,337 shares of the company’s stock worth $249,597,000 after acquiring an additional 19,522 shares in the last quarter. Pictet Asset Management Holding SA lifted its holdings in shares of iShares Global Tech ETF by 64.2% during the first quarter. Pictet Asset Management Holding SA now owns 1,152,840 shares of the company’s stock valued at $110,396,000 after acquiring an additional 450,580 shares during the period. LPL Financial LLC lifted its holdings in shares of iShares Global Tech ETF by 4.8% during the fourth quarter. LPL Financial LLC now owns 954,811 shares of the company’s stock valued at $100,255,000 after acquiring an additional 43,586 shares during the period. Finally, Royal Bank of Canada boosted its stake in shares of iShares Global Tech ETF by 10.8% in the 4th quarter. Royal Bank of Canada now owns 944,545 shares of the company’s stock valued at $99,177,000 after purchasing an additional 92,222 shares in the last quarter.

iShares Global Tech ETF Stock Performance

Shares of NYSEARCA:IXN opened at $136.50 on Friday. The company’s fifty day moving average is $135.95 and its 200-day moving average is $116.57. iShares Global Tech ETF has a 52 week low of $92.17 and a 52 week high of $149.83. The company has a market capitalization of $8.94 billion, a PE ratio of 34.73 and a beta of 1.36.

About iShares Global Tech ETF

iShares Global Tech ETF (the Fund), formerly iShares S&P Global Technology Sector Index Fund, is an exchange-traded fund (ETF). The Fund seeks investment results that correspond generally to the price and yield performance of the S&P Global 1200 Information Technology Sector Index (the Index). The Index measures the performance of companies that Standard & Poor’s Financial Services LLC, a subsidiary of The McGraw-Hill Companies (S&P) deems to be part of the information technology sector of the economy.